We told you so

Now the IMF – the IMF! – admits that it was wrong all along.

http://www.independent.co.uk/news/uk/politics/neoliberalism-is-increasing-inequality-and-stunting-economic-growth-the-imf-says-a7052416.htm.

So, back again to the early 1900s, when it was first ‘discovered’ that neo-liberalism (then, of course, the old liberalism) didn’t work. One of the ‘lessons of history’ that has been forgotten.

About bernardporter2013

Retired academic, author, historian.
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